The 2021 Deloitte WA Index has revealed mining companies have added significant value to the state’s total market capitalisation.
BHP has proposed a $C325 million ($351 million) takeover offer to Noront Resources following a previous bid by Andrew Forrest’s Wyloo Metals.
IGO has exceeded its production target at the Nova nickel-copper-cobalt operation in Western Australia off the back of stronger metals prices.
OZ Minerals has increased its copper production by 22 per cent following strong performance at its Prominent Hill and Carrapateena copper-gold mines in South Australia.
IGO has agreed to acquire Creasy Group’s Silver Knight nickel-copper-cobalt sulphide deposit in Western Australia for $45 million.
Rio Tinto has approved a $US108 million ($146 million) investment to explore the prospect of underground mining at the Kennecott copper operations in the United States.
Newcrest Mining has confirmed that a seismic event at the Cadia gold-copper mine in New South Wales this month will not impact production at the site, which continues to set cost records for the company.
Sandfire Resources has earned $813 million in revenue for the 2021 financial year after its copper production at the DeGrussa mine in Western Australia beat expectations.
Sandfire Resources is closer to finalising a contract with Perenti subsidiary African Mining Services (AMS) at the Motheo copper mine in Botswana after securing the mining licence for the operation. Read more
Monadelphous has won contracts worth $215 million with a list of multinational miners, including BHP, Rio Tinto and Fortescue Metals Group. Read more